Technical efficiency of small-scale industry: application of stochastic production frontier model
By: Nikaido, Yuko.
Material type:
ArticlePublisher: 2004Description: p.592-97.Subject(s): India - Industries, Small scale | Small scale industry
In:
Economic and Political WeeklySummary: In the 1950s, the focus of policy-making for SSI was on protection. With the onset of liberalisation in 1991. SSI was recognised as a growth engine of the economy and the government urged to make the attendant policy changes. Section II of the paper measures the technical efficiency of SSI by using a stochastic production frontier model. Section III analyses the impact of firm size and individual agglomeration on the measured technical efficiency in order to arrive at policy implications for SSI sector. - Reproduced.
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Indian Institute of Public Administration | Volume no: 39, Issue no: 6 | Available | AR59949 |
In the 1950s, the focus of policy-making for SSI was on protection. With the onset of liberalisation in 1991. SSI was recognised as a growth engine of the economy and the government urged to make the attendant policy changes. Section II of the paper measures the technical efficiency of SSI by using a stochastic production frontier model. Section III analyses the impact of firm size and individual agglomeration on the measured technical efficiency in order to arrive at policy implications for SSI sector. - Reproduced.
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